Short Interest in Cyngn Inc. Common Stock (NASDAQ:CYN) Declines By 48.4%

Posted by Geri Gentry on Aug 31st, 2026

Cyngn Inc. Common Stock (NASDAQ:CYN – Get Free Report) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 717,481 shares, a drop of 48.4% from the July 30th total of 1,391,675 shares. Based on an average daily volume of 199,702 shares, the short-interest ratio is currently 3.6 days. Currently, 5.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On Cyngn Inc. Common Stock

An institutional investor recently bought a new stake in Cyngn Inc. Common Stock stock. Foster & Motley Inc. purchased a new stake in Cyngn Inc. Common Stock (NASDAQ:CYN – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 12,919 shares of the company’s stock, valued at approximately $175,000. Foster & Motley Inc. owned approximately 0.09% of Cyngn Inc. Common Stock as of its most recent filing with the SEC. Institutional investors and hedge funds own 73.20% of the company’s stock.

Analyst Ratings Changes

CYN has been the subject of several recent research reports. Weiss Ratings reissued a “sell (e+)” rating on shares of Cyngn Inc. Common Stock in a research note on Monday, July 6th. Wall Street Zen downgraded Cyngn Inc. Common Stock from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Cyngn Inc. Common Stock has an average rating of “Reduce”.

Check Out Our Latest Stock Analysis on CYN

Cyngn Inc. Common Stock Price Performance

Shares of NASDAQ CYN traded up $0.01 during mid-day trading on Monday, reaching $1.04. The company had a trading volume of 79,026 shares, compared to its average volume of 1,536,342. Cyngn Inc. Common Stock has a twelve month low of $1.03 and a twelve month high of $6.82. The firm has a market capitalization of $15.07 million, a PE ratio of -0.35 and a beta of 0.06. The stock has a 50 day simple moving average of $1.17.

Cyngn Inc. Common Stock (NASDAQ:CYN – Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The company reported ($0.45) earnings per share (EPS) for the quarter. Cyngn Inc. Common Stock had a negative net margin of 6,953.61% and a negative return on equity of 62.53%. The firm had revenue of $0.14 million for the quarter.

Cyngn Inc. Common Stock Company Profile

(Get Free Report)

Cyngn Inc is an industrial autonomous vehicle technology company, focused on addressing industrial uses for autonomous vehicles. It develops full-stack autonomous driving software, DriveMod, which is integrated into vehicles manufactured by original equipment manufacturers during the assembly process. The company designs its software to be compatible with a range of sensors and hardware components and integrates it with its own systems to enable autonomous vehicle functionality.